Mumbai: The Enforcement Directorate will launch a probe into the housing loan scam unearthed by the CBI to check possible money laundering.
Official sources said the CBI has registered cases against top officials from banks and financial firms under various sections of the Prevention of Corruption Act, which fall under scheduled offence of the Directorate.
Sources, however, ruled out any immediate investigation into the case that saw arrest of top officials on charges of taking bribes for granting loans to corporates.
"The ED will move in as corruption falls under the schedule offence under the prevention of money laundering act (PMLA). However, the Directorate will not immediately step into the probe," a source said.
Source: PTI
